New Technology Eases Real Estate Deed Prep Work.Business Editors & Legal Writers LAS VEGAS--(BUSINESS WIRE)--June 27, 2001 Title companies, lenders and lawyers can significantly reduce staff time and increase productivity by using a new online service to easily prepare out-of-state deeds and other real estate documents. TitleRight(TM), a new Web-based application See Web application. from North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Deed Company, enables a user to feed data to the Web site and quickly produce a legal document. Users have access to the filing, formatting and fee requirements of all 4,000 plus recording jurisdictions in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . "Currently deeds are prepared through a title company or attorney," said Aaron Romano, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of North American Deed. "Companies or individuals who outsource document preparation can speed up the process by more than 45 percent with TitleRight(TM) because it allows them to literally `dump' data into its system to quickly create a deed or other related document." Currently in the beta-testing stage, TitleRight(TM) is predicted to be 50 percent less expensive than preparing the same documents through traditional means because it essentially cuts out the middleman mid·dle·man n. 1. A trader who buys from producers and sells to retailers or consumers. 2. An intermediary; a go-between. . "Using TitleRight will cut down on the time needed for signing documents and for tracking documents sent for recording, and will allow multiple users to access the application without installing software," Romano said. "Companies will also save money because they won't have to hire and train additional staff -- it's like having a document specialist on staff who knows how to prepare and record documents in all 50 states." Sandy Yamashiro from the law offices of Robert L. Bolick LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability has been testing TitleRight for several weeks. "It used to take me more than 20 minutes to prepare a deed using my word processor," Yamashiro said. "With TitleRight(TM) I can prepare a deed in minutes online, knowing that it will automatically be in the correct format for the state and county I need it for." TitleRight(TM) also helps companies track other documents online, even if they are not originally created through the Web site. Examples of documents that can be prepared using TitleRight include Grant Deeds, Warranty Deeds, Quitclaim Deeds, Affidavit Terminating Joint Tenancy A type of ownership of real or Personal Property by two or more persons in which each owns an undivided interest in the whole. In estate law, joint tenancy is a special form of ownership by two or more persons of the same property. , Certificate of Incumbency in·cum·ben·cy n. pl. in·cum·ben·cies 1. The quality or condition of being incumbent. 2. Something incumbent; an obligation. 3. a. The holding of an office or ecclesiastical benefice. , Deeds of Trust, Satisfaction of Mortgage and many others. North American Deed Company, based in Las Vegas, provides a service that guarantees a document will be prepared and successfully recorded the first time. For more information, visit www.nadeed.com and use the username "media" and the password "beta1" or call 888-715-6400. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion